2025-26 Budget Development Link to this section Presentations made at SF Board of Education meetings about the development of the 2025-26 budget March 11, 2025: Supplemental Employee Retirement Plan (SERP) This provides an overview and results from the SERP program March 11, 2025: Fiscal Stabilization Plan Update Read the full March 2025 update to SFUSD's fiscal stabilization plan. March 11, 2025: Second Interim Report for 2024-25 Read the full Second Interim Report for fiscal year 2024-25. March 11, 2025: SFUSD Audit Report for the Year Ended June 30, 2024 Read the audit report, which includes an audit of district income and expeditures by source of funds Feb. 25, 2025: Overview of Personnel Actions This provides an overview of possible staff reductions for the 2025-26 school year. Feb. 11, 2025: Fiscal and Operational Health Update This provides preliminary context for the budget, shares draft school staffing and budget allocation frameworks, and outlines factors that impact budget projections. Jan. 28, 2025: Staffing Model Update Get an overview of the budget and learn about central office reductions and the school staffing model. Dec. 10, 2024: Budget Updates and 2024-25 First Interim Report This covers the assumptions made when planning the budget, an update on the fiscal stabilization plan, and the First Interim Report for the 2024-25 budget. Dec. 10, 2024: Fiscal Stabilization Plan Update Read the full December 2024 update to SFUSD's fiscal stabilization plan. Dec. 10, 2024: First Interim Report for 2024-25 Read the full First Interim Report for fiscal year 2024-25. June 25, 2024: Fiscal Stabilization Plan Update Read the full June 2024 update to SFUSD's fiscal stabilization plan. June 25, 2024: Summary of the Fiscal Stabilization Plan Updates View the summary of June 2024 updates to the fiscal stabilization plan. This page was last updated on March 14, 2025